Space is useful. It enables us to communicate, to navigate, and to track what is happening on earth. And there is now a surge of Space activity. Instead of being dominated by Government agencies getting into the detail of technology design, there are now entrepreneurs running flexible low cost projects.
The billionaires get the significance of Space – and regard their activities as some eccentric self-indulgence is to fail to grasp what they are really up to.
It would be easy to write off the attitude of both as ‘only little earthlings pay taxes’, but the current taxation system allows them to get away with it.
Wind and nuclear power both produce electricity. But if someone said we needed a tax on wind power to subsidise nuclear, you’d think they were mad.
It stretches credulity to just assume that rent-seeking or uncompetitive markets account for all British top wealth.
The final part of a mini-series of three articles on obesity policy for ConservativeHome this week.